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ES H5 1-m chARt posts WRoNg vAlues FoR pIvots

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  • ES H5 1-m chARt posts WRoNg vAlues FoR pIvots

    ES H5 1-mINute chARts use HLC DAtA FROM TWO DAYS AGO insTEad Of prEViOUS daY TO COMPUTE THE PiVOT, r1 and S1. aLL OTHEr inTErVaLS arE COrrECT. pLEaSE fix aS SOOn aS pOSSiBLE.
    NATTY

  • #2
    NATTY
    FWIW as far as I can see the calculations for the pivots are using the previous day's data on any interval (see attached image). Yesterday's HLC for ES H5 were 1190.25, 1176.25, 1178.00 respectively so:
    Pivot Point = (High+Low+Close)/3 = (1190.25+1176.25+1178.00)/3 = 1181.50
    R1 = 2*PP-Low = 2*1181.50-1176.25 = 1186.75
    S1 = 2*PP-High = 2*1181.50-1190.25 = 1172.75
    Alex

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